Tag: Employees
Gig workers social security scheme may have multiple fund managers
New Delhi: The labour ministry is considering a multi-manager model for the proposed social security scheme for gig and platform workers, anticipating that its programme…
Govt revisits plan to raise wage cap for PF coverage
New Delhi: The labour and employment ministry is revisiting a long-pending proposal to raise the wage ceiling for provident fund coverage, after recent pay increases…
Pensioners’ demands echoed: Parliamentary panel seeks hike in minimum EPS payout, say Rs 1000 insufficient
New Delhi: A Parliamentary panel on Tuesday recommended an urgent, comprehensive review of the Rs 1,000 minimum monthly pension under the Employees’ Pension Scheme, 1995,…
EPFO Budgets 12.4% rise in 2026-27 contributions
New Delhi: The Employees’ Provident Fund Organisation (EPFO) has budgeted a 12.4% increase in total contributions in 2026-27 on the back of an anticipated surge…
EPFO plans single pool for ETF investments
New Delhi: The Employees’ Provident Fund Organisation (EPFO) plans to consolidate funds of all its five schemes into a single account to invest in exchange…
Labour ministry to return unclaimed deposits back to EPFO subscribers
The ministry of labour and employment will return the unclaimed deposits in inoperative accounts of the Employees’ Provident Fund Organisation to its subscribers, an exercise…
Labour Codes may become effective from April 1
The ministry of labour and employment is considering making Labour Codes effective from April 1 to coincide with India Inc’s financial cycle as the change…
EPFO members can withdraw EPF money through UPI by April
New Delhi: EPFO subscribers will be able to withdraw their employees’ provident fund (EPF) directly to their bank accounts through UPI payment gateway by April…
EPFO sets up panel for cadre restructuring
The Employees’ Provident Fund Organisation has set up a four-member committee for cadre restructuring of the retirement fund body. The committee, headed by BP Sharma,…
Expats in Indian firms must become EPFO members: HC
New Delhi: Expatriates working in Indian companies are required to become members of the Employees’ Provident Fund Organisation (EPFO) and accordingly contribute to the fund…